Amalgamated FinancialNASDAQ: AMAL

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

NEW YORK--(BUSINESS WIRE)--Blue Wolf Capital Partners LLC (“Blue Wolf”), a middle market private equity firm specializing in the industrial and healthcare sectors, today announced that Steve Sleigh will be a Senior Advisor to the firm. Dr. Sleigh, through his firm Sleigh Strategy LLC, has provided advice to a variety of clients since 2015 on initiatives that align businesses, labor, and investors. Dr. Sleigh's new role with Blue Wolf follows the retirement of Mike Musuraca, the firm's longtime.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

While looking at the revenue and EPS of Amalgamated Financial (AMAL) can provide insight into its performance in the first quarter of 2024, it is also important to compare certain key metrics with Wall Street expectations and previous year's figures.

Amalgamated Financial (AMAL) reported quarterly earnings of $0.83 per share, surpassing the Zacks Consensus Estimate of $0.72 per share. This is higher than the earnings of $0.74 per share in the same period last year.

Priscilla Sims Brown, CEO of Amalgamated Bank, appears on 'The Exchange' to talk about the current banking landscape, the distinctiveness of her bank's business model, and other related topics.

Priscilla Sims Brown, CEO of Amalgamated Bank, appears on 'The Exchange' to talk about the current banking landscape, the distinctiveness of her bank's business model, and other topics.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Planned changes in the balance sheet will likely boost Amalgamated Financial's net interest margin this year. Local job markets give hope that loan growth can remain at a decent level. The December 2024 target price suggests a moderate upside. Further, AMAL is offering a low dividend yield.